Solairedirect India LLP
About Solairedirect India LLP
Data last updated:
Solairedirect India LLP is a limited liability partnership (LLP) based in Pune, Maharashtra, India. It operates in the solar energy solutions segment of the environmental services sector. It was incorporated on 10 November 2016 and has been in existence for over 10 years.
The LLP is registered with the Registrar of Companies (ROC), Pune, under LLPIN AAH-7900. Its GSTIN is 08ADEFS5194G1ZR (Rajasthan). The LLP holds 8 GST registrations, of which 7 are active.
The LLP has a total obligation of contribution of ₹1 Lakh. It is led by designated partners Bhushan Pratap Kothari and Sandeep Abasaheb Jadhav.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at Pune, Maharashtra.
As per the financials filed for FY 2021, the LLP reported a revenue of ₹34.04 Cr, a decline of 82% compared to the previous year. For the same year it recorded a net profit of ₹6.39 Cr (net margin 18.8%) and EBITDA of ₹31.45 Cr (EBITDA margin 92.4%). Revenue has declined at a compounded annual rate (CAGR) of 59% over three years.
The LLP has about 22 employees on its provident fund (EPFO) records.
The LLP is associated with 1 brand: Solaire Direct India.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressUnit No 3 4 & 5 Sixth Floor Fountainhead – Tower 2, Viman Nagar, Pune, Maharashtra, India – 411014
- IndustryEnvironment, Solar Energy Solutions
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Financials of Solairedirect India LLP FY 2025 filings available
Solairedirect India LLP reported revenue of ₹34.04 Cr (down 82% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Solairedirect India LLP
Revenue has declined at a compounded annual rate (CAGR) of 59% over three years, including a 82% fall in the latest year. EBITDA fell 84% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Solairedirect India LLP
| Statement of Account and Solvency | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Income | ₹34.04 Cr | •••• | •••• | •••• | •••• |
| Purchases and Direct Costs | •••• | •••• | •••• | •••• | •••• |
| Personnel Expenses | •••• | •••• | •••• | •••• | •••• |
| Administrative Expenses | •••• | •••• | •••• | •••• | •••• |
| Interest | •••• | •••• | •••• | •••• | •••• |
| Depreciation | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax | •••• | •••• | •••• | •••• | •••• |
| Profit After Tax | ₹6.39 Cr | •••• | •••• | •••• | •••• |
| Profit Transferred to Partners | •••• | •••• | •••• | •••• | •••• |
| Assets and Liabilities | |||||
| Partners' Contribution | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Secured Loans | •••• | •••• | •••• | •••• | •••• |
| Unsecured Loans | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Other Liabilities and Provisions | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Loans and Advances | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Solairedirect India LLP
| Statement of Account and Solvency | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | 18.8% | •••• | •••• | •••• | •••• |
| Return on Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Return on Assets | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt to Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Turnover Growth | •••• | •••• | •••• | •••• | •••• |
| Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form 8. The full year-wise statements and ratios of Solairedirect India are in the company report.
Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of Solairedirect India LLP
Solairedirect India LLP is audited by S R B C & CO LLP for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S R B C & CO LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Designated Partners of Solairedirect India LLP
Solairedirect India has 2 current designated partners and 6 former designated partners. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhushan Pratap Kothari Also directs: Engie Energy and Services India Private Limited, Enren-Iii Energy Private Limited, Enren-Ii Energy Private Limited and 5 more | Designated Partner | 28 Mar 2024 | 2 Years 6 Months | Current |
| Sandeep Abasaheb Jadhav | Designated Partner | 28 Mar 2024 | 2 Years 6 Months | Current |
Ownership and Shareholding of Solairedirect India LLP
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Solairedirect India LLP
Solairedirect India LLP does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Solairedirect India LLP
Solairedirect India operates one associated brand: Solaire Direct India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Solar energy projects are developed in India by the company. | solairedirect.in |
Employees and EPFO Compliance at Solairedirect India LLP
Solairedirect India LLP has a workforce of 25 employees as of Apr 09, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Solairedirect India LLP
Solairedirect India LLP has 8 designated partner changes on record since 2017: 2 appointments and 6 cessations. The latest: Bhushan Pratap Kothari was appointed as Designated Partner on 28 Mar 2024.
Credit Ratings, Litigation & Regulatory Alerts for Solairedirect India LLP
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Solairedirect India LLP
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Solairedirect India LLP
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Solairedirect India LLP
Solairedirect India has 8 GST registrations: 7 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 08ADEFS5194G1ZR | Rajasthan | Active | 01 Jul 2017 |
| 09ADEFS5194G1ZP | Uttar Pradesh | Active | 01 Jul 2017 |
| 27ADEFS5194G1ZR | Maharashtra | Active | 01 Jul 2017 |
| 37ADEFS5194G1ZQ | Andhra Pradesh | Active | 07 Jun 2018 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Solairedirect India LLP
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Solairedirect India LLP
Solairedirect India is an active limited liability partnership based in Pune, Maharashtra, India. The LLP works in solar energy solutions, within the environment industry. It was incorporated on 10 November 2016 (10+ years old) and is registered under LLPIN AAH-7900.
Solairedirect India reported revenue of ₹34.04 Cr for FY 2021 (down 82% YoY).
Solairedirect India has 2 current designated partners:
- Bhushan Pratap Kothari - Designated Partner
- Sandeep Abasaheb Jadhav - Designated Partner
Solairedirect India reported a net profit of ₹6.39 Cr (net margin 18.8%) and EBITDA of ₹31.45 Cr (EBITDA margin 92.4%) for FY 2021, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Solairedirect India is -59% over three years. In the latest year (FY 2021) revenue fell 82%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Solairedirect India is 08ADEFS5194G1ZR, registered in Rajasthan. The LLP has 8 GST registrations in all, of which 7 are active and 1 is cancelled or inactive. Other active GSTINs include 09ADEFS5194G1ZP (Uttar Pradesh), 27ADEFS5194G1ZR (Maharashtra), 37ADEFS5194G1ZQ (Andhra Pradesh).
The LLPIN (Limited Liability Partnership Identification Number) of Solairedirect India is AAH-7900. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Solairedirect India was incorporated on 10 November 2016, making it 10+ years old. It is registered with the Registrar of Companies, Pune.
Bhushan Pratap Kothari was appointed as Designated Partner on 28 Mar 2024. Sandeep Abasaheb Jadhav was appointed as Designated Partner on 28 Mar 2024. Amit Jain ceased to be Designated Partner on 27 Mar 2024. Solairedirect India has 8 designated partner changes on record in total.
The registered office of Solairedirect India is at Unit No 3 4 & 5 Sixth Floor Fountainhead – Tower 2, Viman Nagar, Pune, Maharashtra, India – 411014.